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Donald Trump: “This is going to have a huge impact on everything from…”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Makes an Announcement, Oct. 10, 2025

Published | Video Starts at 03:57

But it is true. I was the only one that did it. But it was not very much. And now we're going to get, in some cases, 1000% reduction. This is going to have a huge impact on everything from Social Security to Medicare to Medicaid. Anything where they're buying any prescription drugs, it's going to have an incredible impact. It's going to lower itself greatly. (03:57–04:04)

CLAIM

Asserts that the reduction in drug prices will significantly impact Social Security, Medicare, and Medicaid.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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